A Power of Attorney form is used by one individual to designate another individual as their agent with authority to perform certain legal acts on their behalf. This document, a General Power of Attorney, can be used to designate an individual to perform the named tasks including financial matters, real or personal property transfers, banking, legal matters, or other powers.
Miami-Dade Florida General Power of Attorney for Property and Finances — Nondurable is a legal document that grants someone, referred to as the "agent" or "attorney-in-fact," the authority to handle the financial and property matters on behalf of another person, known as the "principal." This type of power of attorney is specifically applicable within Miami-Dade County, Florida. The General Power of Attorney allows the agent to make decisions and take actions related to various financial and property matters, including but not limited to: 1. Real Estate: The agent can manage the principal's real estate properties, buy or sell properties, sign contracts, and handle mortgage or rental agreements. 2. Banking and Financial Transactions: The agent is authorized to open or close bank accounts, access and manage existing accounts, deposit or withdraw funds, pay bills, and handle tax-related matters. 3. Investments: The agent can make investment decisions on behalf of the principal, manage existing investments, buy or sell securities, and perform other investment-related transactions. 4. Personal Property: The agent has the power to manage the principal's personal property, such as vehicles, jewelry, and other valuable assets. 5. Business Operations: If the principal owns a business, the agent can handle business-related activities, make decisions, sign contracts, and manage financial affairs. 6. Insurance and Benefits: The agent can manage the principal's insurance policies, file claims, and collect benefits, including health, life, or disability insurance. It is crucial to note that the Miami-Dade Florida General Power of Attorney for Property and Finances — Nondurable is not durable, meaning it becomes invalid if the principal becomes incapacitated or mentally incompetent. In such cases, a different type of power of attorney may be required to ensure the agent's authority continues. Other types of power of attorney commonly used in Miami-Dade County, Florida include: 1. Durable Power of Attorney: This type of power of attorney remains valid even if the principal becomes incapacitated or mentally incompetent. It provides the agent with extended authority to handle the principal's financial and property matters during such circumstances. 2. Limited Power of Attorney: A limited power of attorney grants the agent specific powers and restrictions for a particular purpose or timeframe. It is commonly used when the principal wants to delegate authority for a specific transaction, such as the sale of a property. 3. Medical Power of Attorney: This power of attorney specifically authorizes the agent to make medical decisions on behalf of the principal in the event of incapacitation or inability to communicate. It does not encompass financial or property matters. To ensure the Miami-Dade Florida General Power of Attorney for Property and Finances — Nondurable is legally binding and accurately reflects the principal's intentions, it is recommended to consult with an experienced attorney familiar with Florida state laws and regulations.Miami-Dade Florida General Power of Attorney for Property and Finances — Nondurable is a legal document that grants someone, referred to as the "agent" or "attorney-in-fact," the authority to handle the financial and property matters on behalf of another person, known as the "principal." This type of power of attorney is specifically applicable within Miami-Dade County, Florida. The General Power of Attorney allows the agent to make decisions and take actions related to various financial and property matters, including but not limited to: 1. Real Estate: The agent can manage the principal's real estate properties, buy or sell properties, sign contracts, and handle mortgage or rental agreements. 2. Banking and Financial Transactions: The agent is authorized to open or close bank accounts, access and manage existing accounts, deposit or withdraw funds, pay bills, and handle tax-related matters. 3. Investments: The agent can make investment decisions on behalf of the principal, manage existing investments, buy or sell securities, and perform other investment-related transactions. 4. Personal Property: The agent has the power to manage the principal's personal property, such as vehicles, jewelry, and other valuable assets. 5. Business Operations: If the principal owns a business, the agent can handle business-related activities, make decisions, sign contracts, and manage financial affairs. 6. Insurance and Benefits: The agent can manage the principal's insurance policies, file claims, and collect benefits, including health, life, or disability insurance. It is crucial to note that the Miami-Dade Florida General Power of Attorney for Property and Finances — Nondurable is not durable, meaning it becomes invalid if the principal becomes incapacitated or mentally incompetent. In such cases, a different type of power of attorney may be required to ensure the agent's authority continues. Other types of power of attorney commonly used in Miami-Dade County, Florida include: 1. Durable Power of Attorney: This type of power of attorney remains valid even if the principal becomes incapacitated or mentally incompetent. It provides the agent with extended authority to handle the principal's financial and property matters during such circumstances. 2. Limited Power of Attorney: A limited power of attorney grants the agent specific powers and restrictions for a particular purpose or timeframe. It is commonly used when the principal wants to delegate authority for a specific transaction, such as the sale of a property. 3. Medical Power of Attorney: This power of attorney specifically authorizes the agent to make medical decisions on behalf of the principal in the event of incapacitation or inability to communicate. It does not encompass financial or property matters. To ensure the Miami-Dade Florida General Power of Attorney for Property and Finances — Nondurable is legally binding and accurately reflects the principal's intentions, it is recommended to consult with an experienced attorney familiar with Florida state laws and regulations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.
